Kenvue CPO exercises RSUs, withholds shares for taxes
Kenvue Inc. Chief People Officer Luani Alvarado reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Kenvue Inc. Chief People Officer Luani Alvarado reported equity award activity involving restricted stock units and common shares. On the same date, 4,289.080 restricted stock units were exercised or converted into 4,289.080 shares of common stock at a stated price of $0.0000 per share.
Following these conversions, directly held common stock increased to 61,365.220 shares before a separate tax-related transaction. In a related move, 2,094 common shares, valued at $18.25 per share, were withheld to cover tax obligations upon vesting, leaving 59,271.220 common shares directly owned. Restricted stock units outstanding after these events totaled 4,290.220 units, corresponding one-for-one with common stock and vesting in three equal installments through 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,289.08 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,289.08 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,094 | $18.25 | $38K |
Footnotes (4)
- F1. Shares withheld for payment of taxes upon vesting of Restricted Stock Units.
- F2. These units correspond 1 for 1 with the Company's common stock.
- F3. This award vests in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027, subject to the reporting person's continued service through such vesting date.
- F4. Includes shares acquired in dividend reinvestment transactions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Kenvue (KVUE) report for Luani Alvarado?
How do Luani Alvarado’s Kenvue (KVUE) restricted stock units vest?
Are dividend reinvestments included in Luani Alvarado’s Kenvue (KVUE) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.